<div dir="ltr"><div dir="auto"><div dir="auto">Thanks Chair, for your response.<br><br></div><div dir="auto">CEO appointment announcement (*) reads:<br><br></div><div dir="auto"><br></div><div dir="auto">27 March 2015, Ébène: AFRINIC’s Board of Directors today announced the appointment of Mr Alan Barrett as the new Chief Executive Officer (CEO). Mr Barrett replaces AFRINIC’s founding CEO, Adiel A. Akplogan, and will assume the role on 20 April 2015 for an initial three-year term.<br><br></div><div dir="auto"><br></div><div dir="auto">It means the CEO served for 8 months in 2015. Humm! Are you saying the CEO worked for 3 full months without payment?<br><br></div><div dir="auto">----------------------------<br></div><div dir="auto">(*) <a href="https://www.afrinic.net/en/library/news/1351-announcement-alan-barrett-appointed-as-afrinic-ceo" target="_blank">https://www.afrinic.net/en/<wbr>library/news/1351-<wbr>announcement-alan-barrett-<wbr>appointed-as-afrinic-ceo</a><br><br></div><div>Regards<br><br></div><div>Arnaud<br></div><div dir="auto"><br></div></div><div class="gmail_extra"><br><div class="gmail_quote">Le 1 juin 2017 12:40, "Sunday Folayan" <<a href="mailto:sfolayan@gmail.com" target="_blank">sfolayan@gmail.com</a>> a écrit :<br type="attribution"><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div bgcolor="#FFFFFF" text="#000000">
<p>Dear Noah,<br>
</p>
Find interlaced, my response to your questions.<br>
<br>
<div class="m_1680428970063657007m_-2280362473673101928moz-cite-prefix">On 25/05/2017 01:20, Noah wrote:<br>
</div>
<blockquote type="cite">
<div dir="ltr">
<div>
<div>Hello Board Chair,<br>
<br>
</div>
While going through this approved Financial Statements by the
Board, I have noted concerns that needs some clarifications.</div>
<div><br>
</div>
<div>1. Total emoluments and other benefits given to directors
by the Company during the year <b>2016 were 164.72</b>
compared to <b>74.49 in 2015 a 221% increase in spend on
directors</b>. </div>
<div><br>
</div>
<div>Can I ask the reason for such an Increase and can the
membership have a breakdown of this figure made public.</div>
</div>
</blockquote>
<br>
There was no increase, neither is there a breakdown to give. The CEO
was only fully remunerated in 2016 (12 Months). CEO was only paid
for 5 months in 2015.<br>
<br>
<blockquote type="cite">
<div dir="ltr">
<div><br>
</div>
<div>2. At 31 December 2016, trade receivables amounting to <b>USD
39,199 in 2016</b> compared to <b>2015 : USD 26,098</b>,
were impaired and written off during the year meaning we are
not managing our collections. This situation was expected to
improve but that doesn't seem to be the case. <br>
</div>
</div>
</blockquote>
<br>
The Fees collection situation indeed improved, but the $39,199 you
see, is defaults from members who went out of business. AFRINIC has
no control over members going out of business. It does not make
sense to pursue the recovery of such small amounts using the legal
option. <br>
<br>
<blockquote type="cite">
<div dir="ltr">
<div><br>
</div>
<div>Can I get some clarifications considering in Gaborone when
I tasked the board for explain, the board indicated the
situation would improve.</div>
<div><br>
</div>
</div>
</blockquote>
<br>
There you are!<br>
<br>
<br>
<blockquote type="cite">
<div dir="ltr">
<div><br>
</div>
<div>Noah</div>
<div><br>
</div>
</div>
</blockquote>
<br>
Sunday Folayan.<br>
Chair, AFRINIC Board<br>
<br>
<blockquote type="cite">
<div dir="ltr">
<div><br>
<br>
<br>
<br>
</div>
Noah <br>
<div>
<div>
<div>
<div>
<div class="gmail_extra"><br>
<div class="gmail_quote">On Wed, Apr 26, 2017 at 10:58
AM, AFRINIC Communication <span dir="ltr"><<a href="mailto:comm-announce@afrinic.net" target="_blank">comm-announce@afrinic.net</a>></span>
wrote:<br>
<blockquote class="gmail_quote">Dear Colleagues,<br>
<br>
AFRINIC is pleased to advise that the Annual
Financial Statements for the financial year to
December 2016 is now available at: <a href="https://www.afrinic.net/images/doc/Unsigned_AFS_2016.pdf" rel="noreferrer" target="_blank">https://www.afrinic.net/images<wbr>/doc/Unsigned_AFS_2016.pdf</a><br>
<br>
Kindly take note that, at its meeting on the 19th
April 2017, AFRINIC Board approved the Audited
Financial Statements as presented (board
resolution 201704.332 - <a href="https://www.afrinic.net/about/bod/meeting/2017#r332" rel="noreferrer" target="_blank">https://www.afrinic.net/about/<wbr>bod/meeting/2017#r332</a>).<br>
<br>
All the required signatures are being assembled
and once completed, a fully signed and complete
set of 2016 Audited Financial Statements together
with the signed External Auditors reports and
Opinions shall be published.<br>
<br>
As per the bylaws Section 7.6 the audited
financial statement will be presented at the AGMM
on 1 June 2017, for adoption by the members.<br>
<br>
<br>
<br>
<br>
<br>
<br>
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</blockquote>
</div>
<br>
<br>
<br>
-- <br>
<div class="m_1680428970063657007m_-2280362473673101928gmail-m_316111862656469183m_423480884958939664gmail_signature">
<div dir="ltr">
<div><b>./noah</b></div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
</div>
<br>
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</blockquote>
<br>
<pre class="m_1680428970063657007m_-2280362473673101928moz-signature" cols="72">--
------------------------------<wbr>--------------------
Sunday Adekunle Folayan
Managing Director
General data Engineering Services (SKANNET)
16 Oshin Road, Kongi Bodija, Ibadan - Nigeria
Phone: <a href="tel:+234%20802%20291%202202" value="+2348022912202" target="_blank">+234 802 291 2202</a>, <a href="tel:+234%20816%20866%207523" value="+2348168667523" target="_blank">+234 816 866 7523</a>
Email: <a class="m_1680428970063657007m_-2280362473673101928moz-txt-link-abbreviated" href="mailto:sfolayan@skannet.com.ng" target="_blank">sfolayan@skannet.com.ng</a>, <a class="m_1680428970063657007m_-2280362473673101928moz-txt-link-abbreviated" href="mailto:sfolayan@gmail.com" target="_blank">sfolayan@gmail.com</a>
------------------------------<wbr>---------------------</pre>
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